NOT LISTED FOR SALE
Studio
-- Bath
6,492 Sq Ft
3,049 Sq Ft Lot

Sale Details

Date Sold: December 23, 2025

Last sale price $618,000 $95 Per Sq Ft

14 Days on Market

About This Home

As of December 2025

Financial Highlights
The property generates about $7,416 in monthly rent ($89,000 annually) with full occupancy. Pro forma gross income is projected at $117,264 in Year 1, with added upside from laundry and parking. NOI is expected at $64,495 in Year 1 and $74,723 by Year 5, with the cap rate improving from 10.75% to 12.45%, offering strong cash flow and long-term value. Property Highlights
902 Arion Park Rd, Baltimore, MD 21229 is a fully occupied, well-maintained multifamily property with one 1-bedroom, three 2-bedroom, and three 3-bedroom units. All units are lead-free with hardwood and tile flooring. A shared laundry area adds tenant convenience. Location Highlights
Located in ZIP 21229 with 44,687 residents, median income of $55,457, and strong rental demand. Nearby are UMBC (10 miles), Coppin State (4 miles), UMB (6 miles), Johns Hopkins (5 miles), and UMMS (28,000+ employees). This prime location ensures consistent demand and stable returns.

Last Agent to Sell the Property

Yaakov Kanevsky

(410) 498-5408 yaakov@midfieldre.com Midfield Realty Listed on: 09/11/2025

Last Buyer's Agent

Mia Hunter-Pappas

(443) 746-2090 miahprealtor@gmail.com Monument Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,686

Year Built

  • Built in 1963

Lot Details

  • 3,049

Parking

  • On-Street Parking

Home Design

  • 6,492 Sq Ft Home

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 043
  • Assessor Parcel Number 0325017653 043

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,686

Year Built

Built in 1963

Lot Details

3,049 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1963
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Total Sq Ft: 6492
  • Living Area Sq Ft: 6492
  • Price Per Sq Ft: 92.42
  • Above Grade Finished Sq Ft: 6492
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Lot Info

  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 10686.08
  • Assessor Parcel Number: 0325017653 043
  • Tax Lot: 043
  • Tax Year: 2025

MLS Schools

  • School District Name: BALTIMORE CITY PUBLIC SCHOOLS
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/23/2025 12/23/25 Sold $618,000 +3.0% $95 / Sq Ft
09/11/2025 09/11/25 For Sale $600,000 +42.0% $92 / Sq Ft
06/19/2017 06/19/17 Sold $422,500 -6.1% $65 / Sq Ft View Prior Sale
04/15/2017 04/15/17 Pending -- -- --
02/08/2017 02/08/17 Price Changed $450,000 +2.3% $69 / Sq Ft
02/07/2017 02/07/17 For Sale $440,000 0.0% $68 / Sq Ft
01/24/2017 01/24/17 Pending -- -- --
01/24/2017 01/24/17 Price Changed $440,000 -2.2% $68 / Sq Ft
01/19/2017 01/19/17 Price Changed $450,000 +3.4% $69 / Sq Ft
01/19/2017 01/19/17 For Sale $435,000 0.0% $67 / Sq Ft
11/23/2016 11/23/16 Pending -- -- --
11/23/2016 11/23/16 Price Changed $435,000 -3.3% $67 / Sq Ft
11/09/2016 11/09/16 For Sale $450,000 +25.0% $69 / Sq Ft
10/03/2012 10/03/12 Sold $360,000 -10.0% $55 / Sq Ft View Prior Sale
06/30/2012 06/30/12 Pending -- -- --
04/20/2012 04/20/12 For Sale $399,900 -- $62 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,635 $452,800 -- --
2024 $10,281 $437,700 -- --
2023 $9,973 $422,600 $25,700 $396,900
2022 $9,779 $414,367 $0 $0
2021 $9,585 $406,133 $0 $0
2020 $9,390 $397,900 $25,700 $372,200
2019 $9,107 $387,733 $0 $0
2018 $8,911 $377,567 $0 $0
2017 $8,671 $367,400 $0 $0
2016 -- $306,067 $0 $0
2015 -- $244,733 $0 $0
2014 -- $183,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDBA2183396

Bright MLS
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